Everett Homes with 61 - Comm Bldg Ovr 10K Style

Everett Homes with 61 - Comm Bldg Ovr 10K Style

Welcome to Everett, Washington – a vibrant city nestled in the heart of Snohomish County, where urban convenience meets natural beauty. Just a short drive north of Seattle, Everett is known for its rich maritime heritage, stunning waterfront views, and a thriving arts scene that captivates residents and visitors alike.

Everett boasts a diverse housing market that caters to a variety of lifestyles. Among the standout options are the impressive commercial buildings, particularly those over 10,000 square feet, which offer a unique opportunity for businesses looking to expand or establish their presence in this bustling area. These properties not only provide ample space for operations but also benefit from Everett's strategic location and robust economy, making them ideal for investors and entrepreneurs.

The city's charm extends beyond its real estate. Residents enjoy a plethora of outdoor activities, from exploring the scenic trails of nearby parks to indulging in water sports on the Puget Sound. Everett is home to the Future of Flight Aviation Center, where aviation enthusiasts can marvel at the Boeing factory and even take a tour of the iconic aircraft assembly line.

With a community spirit that welcomes newcomers and fosters connection, Everett is an ideal place to call home. Whether you’re seeking a commercial building for your business or a cozy residence in a family-friendly neighborhood, Everett offers a unique blend of opportunity and lifestyle that is hard to resist. Discover the potential of this thriving city and find your perfect space in Everett today!

Newest Everett Homes with 61 - Comm Bldg Ovr 10K Style

$2,900,000
2543872 MLS ACTIVE Status
Prominently located at the corner of Hewitt Avenue and Maple Street in the heart of Everett, this historic mixed-use property offers a unique blend of income stability and long-term redevelopment potential. Built between 1890 and 1910, the property spans three connected buildings totaling approximately 38,260 square feet across four tax lots with on-site parking and street visibility from two major thoroughfares.The ground floor features five fully leased retail spaces with stable tenants and great exposure along Hewitt Avenue. Upper levels include a mix of two apartments, thirty-six studio apartments with shared kitchens and baths, and a bunk room with a shared kitchen area. Current residential occupancy stands at roughly 80%, leaving room for value-add improvements or operational efficiencies.Zoned for up to six stories, the site presents excellent potential for future redevelopment or repositioning while maintaining income from existing tenants. Additional highlights include a small surface parking lot, street parking availability, and an on-site manager present Monday through Friday ensuring smooth daily operations.With easy access to Highway 2 and Interstate 5, and proximity to Everett’s growing downtown core, this property represents a rare opportunity for investors or developers seeking scale, location, and flexibility in one of Snohomish County’s most active commercial corridors.

2912 Hewitt Avenue, Everett

Listing courtesy of Windermere Real Estate/HLC.

$2,300,000
2475831 MLS ACTIVE Status
PRICE ADJUSTMENT - EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,30,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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